KapStone’s wood biomass plant in Longview, WA, to benefit from legislation awaiting Governor’s signature

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KapStone’s wood biomass plant in Longview, WA, to benefit from legislation awaiting Governor’s signature

May 09, 2017 - 18:52
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LONGVIEW, WA, May 9, 2017 (Local News) -KapStone wants its wood waste boilers to earn cash. And the Longview mill’s biomass facility could be a moneymaker if Gov. Jay Inslee approves a bill that has cleared the Legislature.

Inslee initially was expected to sign the bill Monday morning, but at the last minute it was withdrawn for further review and rescheduled for his signature May 16, the governor’s press office said.

The bill would allow older biomass facilities such as the one owned by KapStone to sell renewable energy credits. KapStone stands to earn hundreds of thousands of dollars annually under the legislation.

Columbian - KapStone has big bucks riding on biomass bill in Longview

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